Settings8H · net · $10k
Funding arb · Price arb /

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate−0.153%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$831as in the Funding arb table
Net, price: spread back to 7d avg − costs−$827as in the Price arb table
costs, in and out, $10k−$8258.254% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.059%−$6 on $10k
Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.153%, 7d avg −0.133%
Together, before fees+0.124%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.020% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.133%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DEEP_USDT0.019640.0100pay 0.0050% / 4h2h 37m$303K$96K50x
ShortBybit DEEPUSDT0.019610.0100get 0.0100% / 8h2h 37m$4.2M$2.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.153% → −0.133%
−$2.01
Slippage, 4 orders
−$799.37
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$827.37
Costs to cover
8.254%
Break-even
never at this rate
Slippage from Gate: live order book, 47 min ago; Bybit: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 47 min ago10.11 bp298.7 bp −$299doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, just now2.55 bp46.3 bp −$46260.4 bp −$2,604doesn't fitdoesn't fit

DEEP on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance DEEPUSDT+0.0100%4h0.01970+0.292%$2.0M$6.0M50xas long as short
Bybit DEEPUSDTshort+0.0100%8h0.01961−0.153%$4.2M$2.6M50x
Gate DEEP_USDTlong+0.0100%4h0.01964long leg$303K$96K50x
MEXC DEEP_USDT+0.0100%4h0.01969+0.255%$1.0M$545K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01968+0.204%$1.8M$92K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01968+0.204%$835K$596K50xas long as short
Variational Omni DEEP+0.0100%8h0.01954−0.534%$11K$6Kas long as short
Extended DEEP-USD+0.0104%1h0.01970+0.280%$5K$221K5xas long as short
BloFin DEEP-USDT+0.0105%8h0.01954−0.509%$137K$34K50xas long as short
Bluefin DEEP-PERP+0.0157%1h0.01970+0.305%$80K$15K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DEEP-USDT+0.0200%4h0.01967+0.153%$6.7Mas long as short
Kraken Futures PF_DEEPUSD+1.2330%1h0.01972+0.426%$8K$7K10xas long as short